- Non-psychoactive hemp’s varied uses comprise $500 million-plus industry with billion-dollar reach
- JV binds partners in growing New Brunswick and Oregon hemp cultivation projects
- Support increasing for U.S. Congressional drive to legalize hemp
Hemp advocates at Marijuana Company of America, Inc. (OTC: MCOA) are advancing cultivation projects that will give the company a significant supply of non-intoxicating cannabidiol (CBD) for market under the hempSMART and BeniHemp brands. The wholly owned hempSMART subsidiary strategically works to build share value through the distribution of CBD-based health and wellness products via a network marketing model, and BeniHemp offers hemp-derived CBD products to consumer retail markets.
Marijuana Company of America’s development relies significantly on its joint venture with Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF). Both companies were founded by company officers Don Steinberg and Charles Larsen, and they are collaborating on farming projects in New Brunswick, Canada, and Oregon. As Canada builds toward full nationwide legalization of cannabis in its various uses later this year…
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]